Sandstone Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 104,357 | 116,392 | −12,035 | -37.4 | 0% |
| 2012 | 103,322 | 114,489 | −11,167 | -39.2 | 0% |
| 2013 | 107,276 | 130,327 | −23,051 | -36.5 | 9% |
| 2014 | 104,613 | 125,660 | −21,047 | -39.9 | 8% |
| 2015 | 106,391 | 129,980 | −23,589 | -40.7 | 10% |
| 2016 | 108,519 | 140,661 | −32,142 | -40.4 | 11% |
| 2017 | 102,386 | 136,741 | −34,355 | -44.6 | 10% |
| 2018 | 114,746 | 138,851 | −24,105 | -46.0 | 9% |
| 2019 | 123,999 | 159,901 | −35,902 | -42.6 | 10% |
| 2020 | 122,984 | 156,426 | −33,442 | -46.1 | 11% |
| 2021 | 129,046 | 166,630 | −37,584 | -46.0 | 11% |
| 2022 | 137,069 | 176,641 | −39,572 | -46.1 | 10% |
| 2023 | 152,629 | 173,669 | −21,040 | -48.3 | 14% |
In its most recent public year (2023), this organization spent $21,040 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-48.3 months), down from -37.4 in 2011. Staff pay was 14% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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